Tag: Daily metal update
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LME base metals prices face pressure; Strait of Hormuz concerns support crude prices
US aluminium producers warn elevated prices may curb demand India probes Malaysian aluminium wire imports ahead of duty expiry Base metals on the London Metal Exchange (LME) traded largely lower on 27 April 2026, with broad weakness seen across aluminium, copper, zinc, and lead, while nickel was the only major gainer, up 0.43% to $19,097/t.…